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steve, what do you think of this romney tax plan? >> it increases take-home pay, middle class family, $2,000 extra in their take-home pay, and more importantly it reduces the price of doing work, being productive and taking risks. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. he's been running for president for seemingly
tax cuts. you can't compare in the state of ohio where a new york times cbs poll shows mitt romney down by ten percentage points, president obama ahead on the economy, 6 in 10 voters, nearly 6 in 10, that is, said mitt romney's policies would favor the rich and mitt romney doesn't care about people like them. president obama's driving that message, going after mitt romney's predictions that he'll be tough on china saying that if you look at romney's record at bain capital, all that talk is fake. >> when you hear this newfound outrage, when you see these ads, these running problems seem to get tough on china, it seems a lot like that fox saying we need more secure chicken coops. i mean, it's just not credible. >> and larry, you can hear the confidence in president obama's voice because not only in ohio is he ahead, but in all of the major swing states president obama's got a lead right now. mitt romney's got to find a way to turn that around, turn it around in the debates, and maybe the tax cut issue that you're talking about will be one tool in that arsenal. back to you, larry. >>
on the trail. it is the gift that keeps on giving. >> how they can justify. raising taxes in the middle class. it has been buried in the last four years. how in the lord's name. >> that is nodt a froidian slip. plus three stories that happen to break before the election. a leftist new york attorneyy general looking to bash banks and that is as phony as a $3 bill. also a judge strikes down pennsylvania's voter id law and the obama administration is telling companies it is okay to disregard the law when it comes to handing out pink slips in advance to big budget cuts. all three happening before the election. mitt romney has finally put meat on the bones of his tax reform idea. he floated the idea of a $17,000 cap on tax reform reduction. >> you could say everyone is going to get up to a $17,000 deduction. you can fill that bucket if you will and higher income people might have a lower number. >> this is brand new stuff. we have howard dean former vermont governor and candidate. and let's look at this for a second. what do you think? a $17,000 cap on tax deductions for everybody as a way of bein
in northern virginia, technology and defense jobs, and using them as pawns to a demand higher taxes or a budget deal. now, these are tough times, but out of adversity, we can create a more confident, caring, and prosperous america, and that is a positive agenda i will forward to discussing today, and the ida is what is best for the virginia businesses. >> governors, thanks to both of you. this is a high-profile senate race for the nation, certainly very important for the commonwealth, and it is also occurring in the shadow of the presidential debate, so i want to ask you about 47% we heard about this week. governor romney in summer marks at a fundraiser taped earlier this year talked about how there is some 47% of the people that do not pay federal income tax. he said that he believes they are -- that they feel they are victims, that the government needs to take care of them, and that they are entitled to housing, you name it. part of that 47 percent said. what would you do about that? do you think that should change? and what do you think, generally, about too many virginians, too
. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia are looking trying to get some form of assembly. it is a toxic mix. >> imagine that there will be pressure on markets as this they think unfolds. we're also counting down to the wire here of course in the presidential election. and joining us on the set, bill richardson, former governor of new mexico. you're in town for the u.n. >> that's right. i was with a group of democrats and republicans yesterday at the
believes with bigger tax cut for wealthy and fewer regulation on wall street, all of us will prosper. he'd double down on the same trickle-down policies that led to the crisis in the first place. >> now the labor department has also revised upward the private sector jobs created by the president to 5.1 million. a hopeful sign that might be pulling the president up in those polls. bret? >> bret: okay, ed. ahh. numbers from wall street were a bit better today. dow gained 72 to snap a four-day slide. s&p 500 was up 14. the nasdaq finished ahead 43. still ahead, jim angle takes his slide rule to mitt romney's tax plan. first, are democrats losing some of their advantage in registered voters? greetings from the windy city of chicago. people here sure are friendly but some have had a hard time understanding my accent. so to make sure people get every word of the geico savings message i've been practicing how to talk like a true chicagoan. switching to geico could save you hundreds of dollars on car insurance... da bears. haha... you people sure do talk funny. geico®. fifteen minutes could sav
't say tonight that that tax bill he vetoed raised taxes only on the rich and gave the rest of you a break -- but he vetoed it anyway. i offer a new direction. invest in american jobs, american education, control health care costs, bring this country together again. i want the future of this country to be as bright and brilliant as its past, and it can be if we have the courage to change. [applause] >> president bush, your opposing statement. >> let me tell you a little what it's like to be president. in the oval office, you can't predict what kind of crisis is going to come up. you have to make tough calls. you can't be on one hand this way and one hand another. you can't take different positions on these difficult issues. and then you need a philosophical -- i'd call it a philosophical underpinning. mine for foreign affairs is democracy and freedom, and look at the dramatic changes around the world. the cold war is over. the soviet union is no more and we're working with a democratic country. poland, hungary, czechoslovakia, the baltics are free. take a look at the middle east. w
. yet people still say, well, he's trying really i've. lori: he wants to try to cut tax of year and a higher percentage. 75 percent individual income rate. >> it is absurd. there is no economic basis for that other than we don't think people ought to earn that much money, so we're going to take away. that is socialism at its very essence. and so you elected socialist president. voila. you're going to have socialist policy, and that is what you have. he comes out with a 75% tax rate i chased the wealth of france. if you are a high income earner and investor, why on earth would you stay in france and have $0.75 out of every dollar taken away before you got a chance to spend it. almost any european country you could go and do better than that lori: do you think we're facing a similar path and the u.s. or do you expect americans to leave? >> it is very possible. there is some indication that some americans are already looking for ways to protect their income, protect their wealth. and you cannot blame them because of somebody -- i mean, it's the same thing. if i'm walking down sixth
about it? >> everybody pays taxes, whether they own a home or not, whether they have children or not, everybody pays for education, and every year they get worse education and it costs more. we've dumbed down our school program to rush kids through the system. why not do it the other way? why not had let the achieving kids rush through the system and get away from this burgeoning ed accuracy? beyond that, we're spending money on things that aren't being productive for our economy. let these achieving students, send them the message that if you achieve you will be rewarded. the idea we're going to get any of this taxpayer money back is kind of a mirage. taxpayers never get any money back. it will move on to the next boondoggle. i think it's a good idea. >> half of property taxes go to schools to be fair. tracy, the kids issue, you can get them out of your house two years earlier. what do you make about that? >> you know what, the money issue to me is separate from the academic development issue. i don't think these kids should be rushed through school. i do think there's a reason they
where they asked whether you would take the bargain of one dollar's worth of tax increases or $10 worth of basically tax cuts and everybody raised their hands and said they would not accept that. we have become a country where -- it is not just one side, both sides, but more one side now than ever is not willing to be realistic about how we can tackle these challenges. if there is a crisis that i see in the united states for the long term, it is not the temporal issue of how we will deal with money. because i am very confident we will be able to deal with that. it is how will we bring that -- bring back our sense of what we can accomplish together as americans when we are realistic about those challenges. that is the thing i think about the word "crisis" in this country. >> mayor castro is not the first to suggest that. for 10 years now, we heard that the government is not asking all of us to do enough. >> it is interesting. the word "sacrifice," when i hear a politician say that, it usually means grab your wallet. it usually means increasing taxes. and i will give president obama credi
, it will be impossible to bridge the gap without it. what mr. gore's plan will do causing huge payroll taxes or major benefit reductions. >> new question. are there issues of character that distinguish you from vice president gore? >> the man loves his wife and i appreciate that a lot. and i love mine. the man loves his family a lot, and i appreciate that, because i love my family. i think the thing that discouraged me about the vice president was uttering those famous words, "no controlling legal authority." i felt like there needed to be a better sense of responsibility of what was going on in the white house. i believe that -- i believe they've moved that sign, "the buck stops here" from the oval office desk to "the buck stops here" on the lincoln bedroom. it's not good for the country and it's not right. we need to have a new look about how we conduct ourselves in office. there's a huge trust. i see it all the time when people come up to me and say, i don't want you to let me down again. and we can do better than the past administration has done. it's time for a fresh start. it's time for a new l
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of canada to warrant is really a tax on the ground? >> the more important question, paul, is that isn't the red line in the minds of the israeli? canada has been consistent in saying that we continue to encourage the international community, the united nations, to keep the pressure on the iranian regime, to pursue sanctions, to pursue them -- diplomatic pressure where and when we have the opportunity. unfortunately, those opportunities are becoming less and less obvious. they are less and less effective. the preferred option always will be and remains these alternatives to keeping the pressure on on iran to bring about more acceptable behavior. trying to shift to the attitude of this regime and their leadership has proven to be enormous the challenging. >> my question was do you or do you not endorsed the prime minister of israel's red line. >> the israelis are going to make their own decisions. they will consult with their allies. they will continue to signal clearly their alarm over the nuclear ambitions of iran. we will continue to work with them, but these are sovereign decisions.
these tax breaks that they get, we are playing for these tax breaks. we need roads, police, et cetera, and as long as we allow them to pay 13% when they should be paying much more, they are taking health care away from children, that need -- the family can't take them to the doctor. they can't pay for utilities, et cetera, and so forth, and they need to understand, you know, once they get all of our money, they are going to destroy us. so they really need to change their attitude about what is going on here. >> stephanie: yep, i hear you honey. [♪ "world news tonight" theme ♪] >> stephanie: sometimes i'm distracted by headlines while i'm talking. michele bachmann, we must ban filafel in school lunches. >> scarborough: oh, sweet jesus! >> stephanie: she claims that that and other foods of that origin should be removed from school lunches. >> stephanie: she may be beaten this time. wow, you would finally be rid of that [ censor bleep ] and her big gay husband. >> i have just been told by kobe at current that the filafel story was a parody. >> stephanie: oh, okay.
are bound to vote for obama, the number of people who do not pay federal income tax, and the number of people who receive some sort of federal benefit, that that is all the same 47%. i doubt we will hear that again. >> anybody want to disagree? >> probably not. i do not know if that -- it was for consumption by a very small public. those with big wallets. >> that gives you an important aspect of our fact checking. we focus on the big, national messages, but we know there is lots of micro-targeting going on that is using very precise media to hit very precise audiences. we are not seeing that. we try, we asked readers to submit ideas through facebook and e-mail and what ever. we get a tiny portion of that. i think the case in point, this mailing i got from the romney campaign, maybe that is not going to be a message we hear romney assert at the debate, but it is clearly won the campaign is continuing to make. talk to campaign people, they will tell you, hey, you do not know about the ads you did not see that are running in tiny markets in ohio and florida and what ever. i think there
pads we inspected his brakes for free. and shoes at meineke. >>> another example of how the tax system often favors the wealthy. mitt romney's taking advantage of something that's perfectly legal but could become a political liability. lisa#r syesteaslooking into th. explain what's going on, lisa. >> well, wolf, this is a story that bloomberg first reported. it's about a trust that offers big benefits for mitty and his children and his 18 grandchildren. it's the kind of thing, you know, that lots of high net worth individuals will use to pass on wealth. but the question as you mentioned is is it becoming a political liability for romney? the romney family is a tight-knit clan. mitt and ann romney like many wealthy couples are working to make sure their wealth passes to their five sons and grandchildren. a family trust established as early as 1995 has amassed $100 million according to the romney campaign. mn's2011 tax records show he has set up an intentionally defector granter trust or idgt. also known as i dig it trust. in this case romney pays any income taxes on the assets in that
's budget plan will hurt the middle class. raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> a new effort tonight to clear up confusion over the new red top parking meters in d.c. emergency legislation earlier this year put the program on hold after furious drivers complained about getting $250 parking tickets. tomorrow council member mary shay will introduce a bill to outline the rules. only drivers with placards or license plates that permit handy capped parking will be allowed to park at the red topped meters. it will be compliant with the americans with disabilities ability. >>> martin o'malley threw down the gauntlet for mcdonnell today. they were on wtop radio. >> we can have a discussion how we can work together, to create jobs, an opportunity now and can be followed immediately by a push-up contest. >> a push-up contest? a mcdonanell's spo
taxes on dividends. tom in california? >> caller: boo-yah, jim. thanks for your help. my issue is several stocks i have followed have suddenly taken a 3% dive and i read later that day that the company is making a public offering. >> right. >> caller: over the next several weeks, the stocks have frequently rebounded. any question is, is this a pattern you think we can count on and try to exploit? >> yes, this is a pattern that is going to happen. and i'll tell you why. there are still a lot of companies that want to expand and they've got a lot of credit, but they have higher credit lines, higher interest. they pay down some of that with equity, with the money they raise and then they get a better credit line. i think you're going to see a lot from the real estate investment trust industry and the master limited partnership. my favorite mistakes. well, nobody likes mistakes. but in the wild world of investing, nothing could be more valuable than the hard-learned lesson. so sit back and let's learn and become better investors. >> don't miss a second of "mad money." follow @jimcr
, this is not the new normal. do not be satisfied with spending a bunch of tax money to keep this mediocre status quo. romney needs to get on that message. jon: simon, roughly half of all jobs lost have been lost by white men, so how does president obama try to appeal to them? >> well, was i think -- because i think the white men view the economy the way that most voters see it which is they know that things were really bad when president obama came to office, and things have gotten better. i know that not everybody who watches this believes that, but that's the case -- >> a lot of people who don't have jobs don't believe that. >> i know, but things are getting better. there's nobody spiking the football here on the economy, but clearly things are not only getting better from where they were when obama took office, but in the last few months -- [audio difficulty] as you just heard a minute ago is up, people are getting better, people feel it, and particularly in those battlegrounds you were describing in ohio, michigan, the saving of the awe eau industry was -- auto industry was a big deal. the presi
mammoth tooth. these are standard reports. the budget tax reports is through the end of the previous fiscal year. it shows we were within budget on the capital side. we are right now in the process of getting financial statements ready for year-end. the budget tax report does reflect operating budget is the subject of another item later on in the agenda. i will be happy to answer questions about that now or the time that item is called. the second report is the contract status report. the memo makes reference to another item we will talk about in more detail later on the agenda, which is changes to the dbe and fbe programs. the proposed dbe goal. that shows contract activities are proceeding as planned and shows our payments for the federal fiscal year to dbe is 7.2 million and 36.3 million to sbe through the three-quarters of the federal fiscal year so far. the third report is our investment report. shows our position in our bank account, the city and county equity pool and our trust account which holds land fill proceeds and the final report is inception, expenditure and revenue fo
] >> you still pay property taxes and you help to fund kids even though you don't have kids. >> stephanie: why am i doing that. >> and when your dogs go to college. >> why would you get into that. i don't have kids. it's go time. it's go time. it's go time. go time. you know what time it is. go time. it's go time. it's go time. what time is it rob? here comes the young turks go time! it's go time. oh is it? then it's go. go. go. go. go. go. go. go time. anybody? anybody? what time is it? oh, right. go time! only on current tv. it's go time. it's go time. go time. you know what time it is. go time. it's go time. it's go time. what time is it rob? here comes the young turks go time! it's go time. oh is it? then it's go. go. go. go. go. go. go. go time. anybody? anybody? what time is it? oh, right. go time! only on current tv. >>i jump out of my skin at people when i'm upset. they're doing this this corruption based on corruption based on corruption. >>that's an understatement, eliot. [ ♪ music ♪ ] >> announcer: stephanie miller. ♪ don't be sissy, just get dizzy ♪ ♪ why s
eliminating a tax break for buying a new home which does seem to go against what you might anticipate given they're still trying to, they had a housing bubble like we did but are not on the other side of it yet. >> timothy geithner, i don't know if anybody remembers, the vociferous nature with which he said if you questioned his stress test, listen, this is 1932 numbers. you don't know anything about what we're doing. yeah. turned out he was completely right. >> we got the expletive. >> this is a family oriented show because the kids are all home watching us instead of going to show. >> all right. how do you end the third quarter on a profitable note? find out from cramer. his mad dash is next. meet the head of the blackberry mak maker's fan club. let's take a look at futures as we head to the last trading session of the week and for the quarter looking at a down open. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly
was constitutional since it was a tax. roughly the same, -- the percent that knew that the decision to downgrade the american economy from the highest credit rating, standard and poor blamed both democrats and republicans for the downgrade. when news media concentrates over extended periods of time over a matter of importance to the public, public knowledge rises. we have a public capable of learning. we do see increases in learning as news attention increases at debates focus more intensely on contrasting positions. next slide, please. we see that seeking at fact checking, a fact checking or news site, in order to find out whether a statement by one of the presidential candidates was correct or not is associated with higher levels of knowledge. the controversy this year about whether fact checking matters -- this association would suggest it does. there's the question, did more knowledgeable people simply come to the site? we have the causal inference wrong. in order to tighten down that inference, we control for those factors that might increase knowledge, such as closely following the campaig
is this issue of sequester. i've laid out a pretty simple straightforward plan, but the bush tax cuts expire as planned over 500,000, fix medicare, take away unnecessary subsidies. then you get a $100 billion annual cut down to a $23 billion in savings that i know we can find. it's time for specifics. it's time for action but it's time for working together. allen: thank you for this opportunity have this debate here today. tim, you can't talking about that plan. we still that mohammed jobs will be affected. you want to raise taxes on exxon mobil and others. i'd like to know what the impact on jobs. folks, there's a clear choice in this an election. and which approach will be best for jobs here in our country. i envision a better future than what we are entering today. steve asked me earlier about who are you targeting in your campaigns. you're asking me various personages. i think about 99% of the folks should be on our site. anybody uses electricity, anybody who drives a car, anybody who pays taxes, anyone who works for a living or wants a job or anyone who cares about their families future
law, federal taxes, a whole host of bedroll laws. it says, for the purpose of federal law, the word marriage means of a legal union between one man and one woman, husband and wife, and spouse refers only to a person of the opposite sex. that is the section of the law that president obama has declined to defend. at the house, they have created the bipartisan legal adviser group that is during the defense of these laws since the administration has advocated its role in defending it. -- has abdicated its role in defending it. there are several cases that have petitions for the court to decide amongst. the first one, probably the front runner, is a combination case of massachusetts nurses the department of human services. -- massachusetts vs. the department of human services. the equal protection clause violates the defense of mayor jack -- or the defense of marriage at-the people protection clause because there is no rational basis for it does not pass scrutiny. the idea of which level of scrutiny it must pass is a question. but they are happy to argue both. this case is interesting be
economics. they basically think that if we just spent another $5 trillion on tax cuts that fare the very wealthiest, then -- don't boo. vote. vote. vote. but their theory is these tax cuts for folks at the top, then prosperity and jobs will rain down on everybody else. deficit will magically go away, and we will live happily ever after. there's only one problem. we just tried this during the last decade. during the previous presidency. it didn't work. top down economics never works. the country doesn't succeed when only the rich get richer. we succeed when the middle class gets bigger. when more people have a chance to get ahead. more people have a chance to live up to their god-given potential. look, i don't believe we can get very far with leaders who write off half the nation as a bunch of victims who never take responsibility for their own lives. i've got to tell you, as i travel around ohio and as i look out on this crowd, i don't see a lot of victims. i see hard-working ohioans. that's what i see. we got students who are trying to work their way through college. putting in overtime
the state's senior citizens, biden said romney's plan to lower taxes would force the nation's elderly to pick up the tab. >> their plan they have for social security, the one they have now, would raise taxes on your social security. >> reporter: romney, who has accused the president of misleading the public on the subject of taxes repeated his pledge on the issue. >> i will not raise taxes on middle income americans. >> reporter: less than one week from his debate withhe president, romney is trying to expand the election map boldly predicting twice during his visit to pennsylvia that he can win here. >> you know, i've got l secret here. and that is that obama campaign thinks pennsylvania's in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> reporter: it could be a questionable move. not only does romney have ground to make up in swing states like ohio and florida, the latest cnn poll of polls in pennsylvania shows romney trailing the president by ten points. republicans have t
, if the dividend rate goes up to the marginal income tax rate, this market will give back some of the rally and it will limit the upside for next year. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in glob
ten years and they would vote to put off the automatic tax hikes and spending cuts set to take effect in january. but with the deficit coming down payment to signal how serious they are. jim, how sdw this get resolved? >> well, i haven't heard that sister, but that's what we've been picking up, that in the background of all these guys working on the deal already. soon after the election, our best guess is that there will be one. not too different from that story actually. >> qe-3 meanwhile, how does that play? does that continue to support lift asset prices? how do commodities get in the wash between slowing chinese growth and fed action? >> that's a good question. because i think it's a big one. i think we're not three weeks into qe-3 yet and the populous mind set of the markets is that we're done qe-3, let's move on to whatever's next. qe-3 is in my opinion very different from previous qes. the feds tip toe down a path of what i call nominal gdp targeting. we're tying it directly to real economic outcomes. so they're saying they're not going away and they've opened the door to it al
to repeal the bush tax cuts. then he had his own 20% tax rate cut with no way to pay for it. it's not really clear where he stands vis-a-vis ryan and ryan's budget. he promised us his own budget, but it has yet to appear. and so there is no real coherence to the message now that he's finding himself out of the primary season. >> still about 40 days till election day. time to turn around. steve, we'll look at your charts a little later. >>> coming up next, we'll bring in chuck todd, joe klein of "time" magazine and paul simon, how about that. kerry washington also going to join us. >>> and up next, jim vandehei with a look at the "politico playbook" and steve ratner with reasons that may explain the surge in the polls. >>> first bill karins with a look at the forecast. >> unfortunately some rainy areas, new york city one of them. we saw that with our times square shot. another area, thunderstorms pushing into portions of jersey. if you're leaving the house in philadelphia, the rain has begun. i-95 from philly to wilmington, probably one of the worst highway drives. eventually these will work
with yahoo! netting $4.2 billion in cash after taxes and fees. and even better, yahoo! will return about 85% of the cash to you, shareholders. we're either looking at a huge dividend or a gigantic buy back. it would shrink the cap by 19%. that's what makes the stock go higher, not the buy back stock, come out flat. now remember after this transaction yahoo! still owns 20% of ali baba. yahoo! can sell half of the stake at the time when ali baba comes public whenever that might be. how much is it worth? goldman values yahoo!'s remaining ali baba position at $5.8 billion or $4.93 a share. i think that could be a low ball figure given ali baba's legitimate internet growth story. even though they pulled back from the highs it still made people a fortune since it came public in 2005. second, there's yahoo! japan which is a separate company publicly traded on the japanese market. yahoo! owns 35% of this monster and the stake is worth $4.77 billion. that's another $4.03 a share. then we've got the cash itself. by the end of the year goldman expects yahoo! will have $5.84 of cash per share. let's ad
without getting to the unpopular parts he's been avoiding talking about like what are the tax breaks he's going to take to get the rates down. he's got to be on offense but not too much. it's hard. everything went right for george bush in 2000. gore was bad, he had orange make-up. he got in bush's face, that didn't go very well. bush overperformed, no foreign policy experience, he did very well. and the bush team outspun the gore people because they pushed their story line. and you went from, you know, minus five before the debate to plus a couple afterward and went on to win that disputed victory. but yes, romney can do it, he was a smart guy, good in most of the debates for the republicans. on the other hand, obama's pretty smart too and there's not much expectation to think he's going to screw up. >> what about, john, playing to that dull incompetent thing? he said in his convention speech. he said, look, i'm not going to heal the world, not going to part the seas, i want to help you and your family. the message being maybe i'm not as charismatic, i'm not a superstar the way many of
taxes to go up. again, if mitt romney wins this thing, which i think he will, he's already said, we don't think taxes should go up, especially in a difficult economy. >> this is not a national tragedy. they sold their stock high. if you're going to sell stock, sell it high. >> hold on. so you don't think -- if you were facebook, you don't think of this ipo as a failure for facebook? >> no, i actually don't. >> it's got -- >> any company that has mobile working on the end, it's google. it's not facebook, it's google. >> looking at numbers on starts, existing home sales, new home sales will come in tomorrow. in general, housing is bad. >> it's going down in value and i'm getting upset. you'll know, you'll know, when you come to the box, you'll know this box is no longer worth what it once was. this is turned into zynga. >> consumer confidence jumped up to 70.3, the bst level since february of this year. >> i think we're at the beginning of a similar shift in computing where in the fullness of time, very few companies are going to own their own data centers because the economies of the clo
't pay income taxes in the u.s. and that surreptitiously obtained video from several weeks back at a florida fund-raiser. the 47% is sure to come up. when he arrived last night at denver mr. romney did an interview with local affiliate, local fox station as a matter of fact and they asked him about it. here is how mr. romney intends to sort of deal with that issue of the 47%. >> they want to know is, will he get jobs for the american people and get rising incomes and i'm a president for 100% of the american people. that is the real percent people care about. not 99 versus one. not 47 versus anyone else. i will be a president for 100% of the people and i demonstrated that throughout my life. >> it will be the biggest audience mitt romney ever had. 50 or 60 million. he would quibble when he was president of the olympics in 2002 over a billion watched worldwide. first of three presidential debates. romney said it is not just one but many could posit of last five weeks remaining before now and the election. melissa: campaign carl cameron. you are the best. thank you so much. tomorro
share. let's add up all the cash and investments. give $14.85 sans tax considerations but we haven't talked about the core business yet. right now it's trading at $15.82. in other words, when you consider the stake in yahoo! japan and the remaining stake in ali baba which is worth a bundle and the cash which is well, cash, then the market is valuing the core business, yahoo! search, yahoo! finance, yahoo! sports, these stocks, tremendous gravitas, at $1 a share. yahoo! believes it's worth $7.17 which means it it was to trade at $22. that's a remarkable, remarkable move you need to catch. it could be worth even more frankly. if you believe as i do that she has what it takes to turn this business around. again, i need to see mobile and i need to see social because that's where all the winners in tech have. bottom line when yahoo! was a headless company with no strategy for monetizing its assets it made sense for the stock to trade down here. now it has leadership and a turn around plan that we'll hear more about and the company is unlocking the hidden value like with ali baba. that m
small business know where health care reform is headed and where taxes are headed but i do feel that these consumer confidence numbers this morning, the housing starts, that drives small business and we feel pretty good that maybe it's going to pick up. it's gradually improving. maybe we'll pick up a little speed. >> give me some of those gradual improvements. if you come n. let's say six weeks ago versus today, what did you see in your run that's a little better now versus what it was? >> well, one would be that the checks per client. we thought that would moderate. that's still at 2%. we thought that would start to come down. this is the largest gradual increase in checks per client we've seen in any recession that we've been through the last two recessions. so this is kind of a slow, gradual continual improvement. second, the retention is still better. still improving client retention, fewer going out of business and less jumping and not leaving us. third third, i would say the client base so the net gain is slightly improving and we're also seeing more clients continue to gr
work longer, have fewer government services and pay more taxes so that it could get big, big bailouts from the european union. and you can see the people, this is what people feel or do when they're told they have to live on less, and work longer for less. >> it is why these governments are in such a bind, because the central banks and the european community and germany telling the countries you have to crack down on your excess budget, your excess spending, but the people, the population says huh-uh and they're obviously taking to the streets right now. >> that's in greece. we're also watching what's happening in spain overnight. >> we'll keep you updated on that. also ahead on "starting point," it's a case of underage college drinking taken to the extreme. and now, a fraternity is suspended. why this particular kind of partying is really raising the alarms. we'll have a live report. we are all reflections of the people who came before us. the good they did inspires us, prepares us and guides us. at new york life, everything we do is to help you keep good going. [ laughing ] [ laughi
tax deferred and be tax free at retirement and you can put $5,000 after tax into just a traditional i.r.a., even when you already have a 401(k). >> okay. anything beyond those that she just mentioned? >> i love the i.r.a. too many people think it is an either/or proposition, the fact is you can do both the 401(k) and the i.r.a. and even for higher income households there is a back door money way to get money into the i.r.a. >> great advice. thanks. if you have an issue you want our experts to tackle, upload a 30-second video with your question to ireport.com. >>> "cnn newsroom" continues right now with fredricka whitfield. >> have a great weekend. >> you too. >> all right, thanks so much. hello, everyone. i'm fredricka whitfield in for brooke baldwin. i know you all want to know about what happened today in the search for jimmy hoffa. we have some news on that. and you've seen your food bills, your gas prices, all of that go up. but what is up with the water bill these days? in some places charges have tripled. we have got all that and more. but first, to politics. >>> mitt romney is
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